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Aircraft and industry. Avio acquisition by General Electric: Brussels clears the operation

Brussels, Belgium - The European Commission accepts the commitments of the US' company

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the aviation business of Avio (Italy) by General Electric (GE) of the United States. The decision is conditional upon a series of commitments aimed at safeguarding the competitive position of the Eurojet consortium, which manufactures the engine for the Eurofighter Typhoon aircraft, which are competing with...

AVIONEWS - World Aeronautical Press Agency - 1153637

AVIONEWS - World Aeronautical Press Agency
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